Eight days after his inauguration, President Franklin D. Roosevelt
gave his first national radio address, or “fireside chat” (above), broadcast directly from the WhiteHouse during the Great
Depression. He began that address simply: “I want to talk for a
few minutes with the people of the United States about banking.” He went on to explain his recent decision to close the nation’s
banks in order to stop a surge in mass withdrawals by panicked investor’s worried about possible bank failures. The banks would
be reopening the next day.
Roosevelt thanked the public for their “fortitude and good temper
during what he called the “banking holiday.”
America’s Great Depression began with the crash of the Wall Street stock market on this day in 1929.
A crowd of people gather outside the New York Stock Exchange following the Crash of 1929.
On this day in 1998, the space shuttle Discovery blasted off with John Glenn on board. Glenn was 77 years old at the time. In 1962 he became the first American to orbit the Earth.
The crew of the Space Shuttle Discovery (front row) Payload Specialist Chiaki Mukai and Mission Commander Curt Brown; Payload SpecialistJohn Glenn; (C) and Mission Specialist Pedro Duque depart the Operations & Checkout building and head to the Space Shuttle Discovery to begin their mission into space from the Kennedy Space Center, FL.
John Glenn (left) and Stephen Oswald sitting in the flight deck of Space Shuttle Discovery.